Chapter 1137 Crisis strikes
At first, no one cared about the disaster, thinking it was just the rise and fall of a stock fund, the alarmist statements of a media, and the pretended attitude of a SAR government until it was closely related to everyone.
Tuesday, July 15, 1997, it was originally a very ordinary day. Lao Zhang woke up by the alarm clock on the bed as usual. He stretched out his hand from the bed and stopped the alarm clock. The whole room was quiet for a while, then he suddenly sat up from the bed like an epilepsy, then put on his clothes and wash, took out the milk and bread from the refrigerator that had no production date, and hurried out, and then arrived at the company at the last moment.
Lao Zhang is an investment manager of an investment company. He teased the girl at the front desk for a while, then took the newspaper he ordered to his office and threw it on his desk.
He first turned on his computer and logged into the online community he often went to, but suddenly saw many people discussing the news of the financial crisis. Lao Zhang looked down on it: "Financial crisis? It's extremely ridiculous. Some guys really think that every day is 1987, and every day is Black Monday? I can't see that the stock index soared by seven or eight percentage points yesterday?"
After browsing it casually, he didn't see any valuable news. Lao Zhang threw away his mouse, reached out to pick up the newspaper he had subscribed to, and opened it to read it.
This is Lao Zhang's ethics as a professional investment manager. Unlike ordinary investors who are like gamblers, he still understands that stock trading requires information support. However, in order to attract attention, the media dares to say any lies. To find truly useful and accurate news in the vast number of lies, it is also a craft and requires patience.
As before, Lao Zhang was ready to fight a protracted battle with this pile of newspapers as he made a cup of coffee. But today he was stunned when he opened the first newspaper.
This is a newspaper from Hong Kong Island Finance, and the entire page is telling the news of the financial crisis.
What's the situation?
Lao Zhang was stunned at the time. If this was not Hong Kong Finance and the author of this article was not the chief reporter Shen Xin, Lao Zhang would definitely think that this was nonsense!
‘The stock market was very good yesterday, which every Hong Kong person could see, but we should see more, starting from Malaysia last year, then Singapore and Philippines, and now Fujian and Taiwan, I seem to have seen that a demon named the Financial Crisis is carrying his trident and walking towards Hong Kong City step by step with an evil smile…’
Lao Zhang looked at this article carefully, and watched the chief reporter start from the Southeast Asian financial crisis, analyze the current situation in Fujian and Taiwan bit by bit, and analyze why Malaysia and Singapore spend tens of billions of dollars uncontrollable financial crisis, but the Fujian and Taiwan authorities only spent less than 5 billion US dollars. This makes people reason to believe that these international speculators who triggered the Southeast Asian financial crisis have quietly logged into Hong Kong City.
At the end of the article, Shen Xin also mentioned the latest news she got from the HKMA: The HKMA has established a command center to deal with the financial crisis, and the first phase of the funds have been invested in the stock index futures and foreign exchange markets, preparing to fight to the death with these international hot money invading the port city!
Lao Zhang was stunned with the newspaper, his whole head was blank. Because the news was so shocking, his back was so wet that cold sweat flowed along his spine and into his buttocks...
Lao Zhang suddenly stood up from the chair like a cramp, and immediately went to the supervisor's office.
He felt that this matter must be reported to his boss.
However, when he went to the supervisor's office and reported the situation to his boss, he did not receive praise. Instead, he was ridiculed, saying that Lao Zhang should focus more on the stock market and think about how to increase more profits for his customers, rather than paying attention to these rumors.
Lao Zhang insisted that this is not a rumor, it is an authoritative media like Hong Kong Island Finance, and the chief financial reporter Shen Xin who wrote the article.
But the supervisor still didn't care: "So what? Can this change the essence of these media attracting attention? Even if Shen Xin is, she is still just a reporter. You don't know that these reporters like to exaggerate the words of selling panic and anxiety and then generate income for themselves? If Shen Xin is so powerful, why didn't she see her establishing a fund company and making money by herself? After all, she just doesn't understand, she is just talking nonsense!"
Lao Zhang still insisted. He also checked that Xingya TV did broadcast news about the special meeting of the HKMA yesterday, including Hong Kong City Joint Investment, Huaqian International and Universal funds, as well as Huo Ying, Dasheng and Doli three brokerage firms. The six bosses all went to the HKMA in person, which was clearly a move!
The supervisor was interested, but he just said that it was probably because the SAR government wanted to deliberately make some news: "You know, the Hong Kong City has just returned, and the Yanjing Central Committee must want to do something to show its presence, which is not surprising."
The supervisor also looked at him squintly: "Lao Zhang, you are not at work for the first day, why are you still like a young boy who has not left the society?"
After being criticized by his supervisor, Lao Zhang had nothing to say. He then returned to his office. After thinking about it, Lao Zhang still felt that this matter was strange, but he could not find a reason to convince the supervisor, so he had to catch the phone number, call the client himself, tell them about the possible financial crisis, and fulfill his obligations as an investment manager.
Lao Zhang is very responsible, but his clients obviously have the same idea as his supervisor, believing that these journalists and media are all lying and not making drafts, and their words are completely unreliable.
Some people suspect that the media: "If Hong Kong Finance hadn't sent such news deliberately to show that it was, then why would only Hong Kong Finance media say that? If it was a financial crisis of Malaysia and the Philippines that broke out, how could that kind of thing be hidden?"
Some people questioned Shen Xin: "I don't know whether the chief reporter Shen Xin is good or not, but now she must be very poor. She didn't think about it. The stock market only soared by seven or eight percentage points yesterday. Without any negative news, I said that a financial crisis would break out soon. Isn't this a fantasy? If she wasn't Shen Xin, I would dare to say that she had no common sense!"
Some people even directly questioned Lao Zhang’s motives: “What do you mean by Lao Zhang? What do you tell me about the financial crisis? Do you want me to sell my shares and then stare at the stocks rising? At least we have been working together for so long. Why didn’t I see you so bad before? What’s your mind? Now you want me to sell, right? Then I tell you, I will do the opposite, and I will buy a lot of them!"
Lao Zhang had no choice but to explain these clients, and he had to try his best to explain. He just saw the news and fulfilled his responsibilities as a speculative manager, and had no other intentions.
However, these customers are not grateful for this, and they hang up the phone with a little easier to talk.
If you are not easy to talk, you will accuse Lao Zhang of meddling in other people's business. It's better to spend your energy on the right path and don't pay attention to these unreliable gossips.
"Compared with the bullshit financial crisis, I hope Manager Zhang will tell me which stock will rise today!"
Lao Zhang made these calls for nearly an hour. After he finally finished calling, he felt like he was exhausted.
Lao Zhang sat in his chair, woke up his work computer, and habitually opened the market.
When he saw that the market was still rising according to yesterday's situation, Lao Zhang suddenly felt confused: Did he really have an over-neurological reaction?
This idea made Lao Zhang decide to give up the idea of a financial crisis first and find some stocks for his clients that can provide stable growth. After all, this is his job.
But at this moment, the market on the computer suddenly changed. Lao Zhang subconsciously took a look and suddenly found that Fenghui's stock had fallen.
This is amazing. You should know that Fenghui is a heavyweight stock in Hong Kong stocks, and to a large extent it is a vane of the stock market. Now, when the overall stock market is rising, Fenghui suddenly fell without warning. This is likely to be a signal!
So Lao Zhang got up again and went to the supervisor's office and reported his thoughts to his boss.
As a result, I once again gained the impatient reprimand of my boss: "I said Lao Zhang, are you nervous today? Fenghui's decline is just a technical adjustment. Do you need to make such a fuss? I asked you, have you never seen Fenghui's decline? Wait and see, it will rise in a short time! Lao Zhang, I now have a little doubt whether you are suitable for being this investment manager."
However, things are not as the supervisor imagined. Fenghui's stock rebounded after technical adjustments, but it is showing a trend of falling more and more severely.
This made the supervisor a little strange. I didn’t expect that the technical adjustment will take quite a long time?
But then he stopped thinking so.
Because just half an hour later, Hong Kong Hong and other heavyweight stocks began to fall one after another, and the supervisor realized that the problem was big. Is it really a financial crisis?
At this time, Lao Zhang suggested that the supervisor should sell the stocks in his hands first? But the supervisor insisted on waiting for a while, and it might return to normal after a while.
But as time passed, the Hong Kong City stock market not only showed no sign of improvement, but instead became more and more intense.
Lao Zhang's phone rang desperately, all of which were called by his customers. On the phone, his customers apologized to Lao Zhang and cried to ask Lao Zhang to find a solution: "Manager Zhang, we know we are wrong. Now our stocks can't be sold at all. I lost thousands of yuan in just a few minutes. What should I do? I know you have great powers, please save me!"
Not only Lao Zhang's client, but even Lao Zhang's supervisor suddenly panicked, because he had to bear more responsibilities than Lao Zhang. Not to mention whether he could keep his work or not, he might even be held accountable for losses.
But Lao Zhang did not have any solution. Shen Xin said in the article that this is a financial crisis that swept across Hong Kong. Who can escape?
But he then remembered something: "I remember that the article said that in the article, and now the SAR government, fund companies and brokers are also doing this. Maybe this is the last opportunity!"
Chapter completed!